Equity
€80,793 ▲ 23.7%
FGTEK paid out €10,000 in dividends. That is 39% of the 2025 profit.
FGTEK
Lifetime
7 annual accounts with figures on one time axispeak €49,309 (2025)
€49,309▲ 39.7%
peak €25,455 (2025)
€25,455▲ 73.4%
peak €80,793 (2025)
€80,793▲ 23.7%
€64,593▲ 2.3%
Board2 names since 2019
2 directorsGOETEYN Frederik Estère Georges and 1 other
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €35,304 to €49,309Result from €14,678 to €25,455Dividend €10,000Equity from €65,338 to €80,793
Key points
from the 2025 annual accountsChecked score
96
Excellent
Financially stronger than 66% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025highest value
06-2025: 0.1%● unchanged vs 05-2025
07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Liquidity: current ratio 2.84, cash €46,205
Equity €80,793 (55.6% of total assets)
Figures for financial year 2025 (filed on 16-06-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 53% of them on solvency, 77% on liquidity, 65% on profitability and 70% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as FGTEK has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of FGTEK itself is lower: < 0.1% within 12 months. It rests on far more data about FGTEK than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for FGTEK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.84 (2.97 in 2024), above the usual 1.5. Short-term debt is 15.7% and cash 31.8% of total assets. 44.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
45 days early
2024
45 days early
2023
40 days early
2022
40 days early
2021
37 days early
2020
30 days early
2019
37 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0718805731
Capital increase of €12,400
Contributions: GOETEYN Frederik (€12,338); CAPPON Nele (€62) · Gazette deed
Resignation: Goeteyn Frederik (manager)
Reappointment: Goeteyn Frederik (director) · General meeting of 15-10-2021 · Gazette deed
Incorporation
Founding capital of €18,600, 200 shares · Founders: GOETEYN Frederik Estère Georges and CAPPON Nele Lucrèce Aimé · Appointment: GOETEYN Frederik Estère Georges (manager) · published on 21-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| FGTEK Deinze | €145,386 | €49,309 | 55.6% | - |
| Talos Robotics Ghent | €121,698 | €56,426 | 0.1% | - |
| HAVANDER Zoersel | €159,191 | €55,395 | 0.6% | - |
| AL-FA Engineering Anthisnes | €129,817 | €53,642 | 39.4% | - |
| Withofs Consulting Hasselt | €171,762 | €52,041 | 50.7% | - |
| Conva Keerbergen | €147,986 | €48,306 | 23.6% | - |
| SIGMA INGENIEURS Namur | €130,317 | €46,697 | 37.8% | - |
These companies have the same main activity as FGTEK: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €122,000 and €172,000, founded between 2017 and 2020.
Official details
Source: KBO- Status
- Active since 17-01-2019Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Establishment unit
- 2.284.079.9829800 Deinze, since 17-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2024
Annual accounts 2025
- €145,386▲ 13.1%
- Filing
- Filed on 16-06-2026, 45 days before the end of the filing period
Insights on FGTEK
FGTEK files the micro format. That format states no turnover. The gross margin rose from €19,294 in 2019 to €49,309 in 2025.
The balance sheet grew most from 2020 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about FGTEK
- What is the company number of FGTEK?
- The company number of FGTEK is 0718.805.731. The VAT number is the same number with BE in front: BE 0718.805.731.
- Where is FGTEK based?
- The registered office is at Grijsbulckstraat 11/A, 9800 Deinze.Company details
- What does FGTEK do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of FGTEK?
- FGTEK is a private limited company (BV).
- When was FGTEK founded?
- FGTEK was founded on 17-01-2019.
- Is FGTEK still active?
- Yes, FGTEK is an active enterprise in the KBO register.
- What is the turnover of FGTEK?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €49,309 and 32 comparable companies (NACE 71121). It probably lies between €98,000 and €200,000.Financials
- Is FGTEK profitable?
- In financial year 2025, FGTEK made a profit of €25,455.
- Where can I find the annual accounts of FGTEK?
- FGTEK filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of FGTEK due?
- FGTEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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